Dear daughter, let me give you some career advice ...




















My daughter, a high school junior, wants to be a teacher. That doesn’t sit well with my husband, who worries about the state of education and the job outlook. He and I regularly debate whether we should encourage her to pursue this interest, or strongly steer her in another direction.

Today, coaching our kids about career paths is complicated. Many of my reporter and editor friends who witnessed an overhaul of the media world are highly opposed to their kids becoming journalists. Where parents of the past pushed their kids to follow in their footsteps, we want the generation of college-bound kids we raise to go where the jobs will be.

American workers’ experiences during the recession and the uncertainty of the global economy have made many of us more opinionated about what careers our kids pursue. We have witnessed job loss and burnout. We have seen highly educated professionals such as lawyers and bankers lose their jobs. And worse, we have seen college graduating classes face an overwhelmingly tough employment arena. While it’s true that a college degree usually guarantees better wages, the mantra of parents clearly has become: Can you land a decent-paying job with that degree?





As parents, we’re just beginning to understand that the next generation will have to navigate the workplace differently. Experts forecast that workers starting out now will switch careers — that’s careers, not jobs — an average of more than three times during their lives. Should parents, then, worry less about guiding our kids into careers and focus more on helping our kids identify skills to succeed in the new economy?

Whether my daughter becomes a teacher or an engineer, her success likely will come from a mastery of technology, languages and communications skills. Most importantly, she will need the mindset to be a problem solver, innovator, risk taker and self marketer. She will need to be prepared to continuously acquire new skills, a lesson my generation has learned the hard way.

“We are fooling ourselves to think young people will get a degree and spend the next 20 years at a single company or in a single industry,” says John Swartz, regional director of career services at Everest College, which has campuses in 30 cities including Miami. “They will have to be more focused on dealing with change. In this new world order, they have to follow the jobs in demand, acquire the right skills or at least transferable skills, and know that the skill set needed might change.”

For example, Swartz says, he has seen young people get training to become medical assistants because they have a passion to help others. They later were able to apply those skills to other jobs in healthcare. “Parents need to help their kids soul search, then support their decision whatever they choose, understanding that every good high-wage job requires more skill,” Swartz says.

Cesar Alvarez, executive chairman of Greenberg Traurig law firm, factors this concept into how he advises his four children, 28, 27, 22 and 21. For centuries, the law profession has attracted smart, principled men and women. Yet, in the last few years, we’ve seen lawyers underemployed, law partners burned out and law grads without jobs. I asked Alvarez whether he has encouraged any of his children to enter the legal profession.





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Two deadly scares, and triplets to be thankful for




















Anthony and Andrea Temperino of Coral Springs were expecting to welcome triplets on Jan. 11, adding three baby boys to a family that already includes 20-month-old “big” brother Ayden.

Instead, they will spend Thanksgiving Day as they’ve passed most days since babies Ashton, Alexander and Austyn were delivered Nov. 1 by emergency Cesarean section at Jackson Memorial Hospital. Mom and Dad will have dinner with both sets of grandparents, but they’ll also make the long trip to the Neonatal Intensive Care Unit at the Holtz Children’s Hospital at Jackson, home for now to their babies.

And they will give thanks – for three tiny lives and for Andrea’s survival. About eights weeks into her pregnancy, she was diagnosed with a rare form of the autoimmune disorder Myasthenia gravis. The disease weakens muscles that affect breathing, swallowing and speech. At one point, Andrea was in extremely critical condition and nearly died.





Meeting with reporters at Jackson on Monday, the Temperinos and what Anthony dubbed their “dream team” of University of Miami doctors talked about the couple’s harrowing journey and its happy ending.

“It’s hard to express how thankful you are,” says Anthony, a charter company pilot who, like his wife, is 34. “How do you say thank you for my wife’s life, and for the babies’ [lives]…My life would be completely different if not for’’ these doctors.

In June, the Temperinos sought treatment at a Broward hospital after Andrea developed numbness in her lips and weakness. She had so much trouble breathing that she grabbed what little sleep she could sitting in a chair. She spent 10 days in intensive care, but multiple tests didn’t yield a diagnosis. One doctor suspected Myasthenia gravis, but a neurologist disagreed.

Increasingly frustrated, Temperino asked for his wife’s records and drove her to Jackson. By the next day, Andrea had her diagnosis. Her husband spent each night sleeping beside her in the hospital until she was released after five weeks. Aviation emergencies didn’t compare to how he felt about what his wife had gone through.

“I could be upside down in a plane. This made me much more nervous,” he said.

He recalls what Dr. Ashok Verma, the neurologist who treated Andrea for Myasthenia gravis, told him: “He said, ‘Your wife is my most precious patient. She has not just one life I’m looking out for but four.”

The Temperinos, who met in Boca Raton when she was his boss at a bank, married in 2005 but had no luck starting a family. Ayden was conceived through In Vitro Fertilization (IVF), and Andrea’s first pregnancy was a normal one. After another round of IVF, she became pregnant with Ashton and identical twins Alexander and Austyn. After her Myasthenia diagnosis and treatment, she was fine until she felt abdominal pain at 30 weeks. The couple went back to Jackson, and “within 15 to 20 minutes of her arrival, she was on her way into an operating room,” said Dr. Salih Y. Yasin, director of obstetrics at Jackson’s Women’s Hospital Center.

Diagnosed with a life-threatening placental abruption, Andrea was given an emergency Cesarean, and all three babies were delivered within the same minute. Ashton, the baby whose placenta had separated from the uterine wall, inhaled and swallowed blood that collected in his amniotic sac, so he was treated with inhaled nitric oxide, and he continues to receive oxygen.

The babies are still close to their birth weights, Ashton at 3.3 pounds, Alexander at 4 pounds and Austyn at 2.7 pounds. They’ll remain in the NICU, continuing to develop, being treated and monitored, but the Temperinos are hoping to have them home by Christmas. The babies had never been dressed up until their photo was snapped on Monday, but at home, their parents have three of everything waiting for them.

“I can’t wait to take all my children home,” Andrea says. “We’re very grateful for having them.”

And they might not be finished with their family.

After Andrea learned that she was expecting three more sons, Anthony says, “She told me, ‘You know what this means, don’t you?’ We might have to try for a girl.”





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Miley Cyrus Surprises Billy Ray on Broadway

Miley Cyrus and her sisters Brandi and Noah surprised their father Billy Ray Cyrus at his recent Broadway performance playing Billy Flynn in Chicago, where the close-knit family showed their ease with one another by joking around backstage.

"Could you imagine, if I had on a shirt like that?," Billy Ray jokes, pointing to some of the cast members' mesh shirts.

"Um no I can't, and I don't wanna," Miley quips.

Video: Miley Cyrus -- My Dad Knows Nothing

But all kidding aside, it was clearly a happy reunion for the Cyrus bunch.

"This was a great surprise, it's been almost three months since I've seen my family," Billy Ray says about the night's events. " [It's] a great way to start off Thanksgiving."

As for people still talking about his eyebrow-raising comments on Miley's upcoming wedding to fiancé Liam Hemsworth, he himself is clearly over it.

Related: Billy Ray Cyrus Spills Miley's Wedding Details

"We're just having fun right now, it's a good time."

Check out the video to hear if he plans on getting emotional at Miley's nuptials.

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Former accused 'Rape Cop' Kenneth Moreno gets a Thanksgiving reprieve from jail








He'll be home for Thanksgiving -- just maybe not for Christmas.

Kenneth Moreno -- the lead officer in last year's notorious "Rape Cops" trial -- won't have to start his one-year sentence in the case until Dec. 20 at the earliest, thanks to his latest attempt to appeal his misdemeanor official misconduct convictions in the case, his former trial judge told him today.

Moreno got the good news in the same Manhattan courtroom where he'd been controversially cleared, along with his partner, in the on-duty rape of a drunken young fashion executive he'd been dispatched to help.




Moreno, 44, a Brooklyn father of two, had been found guilty of three counts of misconduct, one for each time he and his partner, Franklin Mata, were caught on sidewalk video using the woman's keys to reenter her apartment.

He'd originally been due to surrender and begin serving his one year jail sentence on those counts today. He remains free on $125,000 bail. Mata was sentenced to 60 days, and as yet has not filed another appeal, but is also being allowed to remain free until Dec. 20.

"He's got a very good case," Moreno's appellate lawyer, Stephen Preziosi, told reporters as his glum-looking client left court.

"I'm very confident about our submissions before the Court of Appeals," the lawyer said, referring to the highest court in New York state.

Following their May, '11 convictions, both cops were immediately fired and eventually sentenced -- Moreno to one year and Mata to 60 days -- and have been allowed to stay free pending appeal.

A panel of state appellate judges upheld the misdemeanor convictions earlier this month. In not requiring their surrender today, their trial and sentencing judge, Manhattan Supreme Court Justice Gregory Carro, was abiding by an order by Court of Appeals Judge Victoria Graffeo.

If Graffeo ultimately decides-- based on a month's worth of written and possibly oral arguments by prosecutors and Moreno's appellate lawyer -- to hear Moreno's appeal, he could stay out past Dec. 20, the lawyer said.

The appeal would argue -- as has been argued unsuccessfully before Carro and the lower appellate court -- that Moreno did not neglect their official duties while inside the woman's apartment, and that prosecutors misstated the law to the jury during summations.

Moreno and the partner, Mata, 30, had been summoned to help the drunken executive out of a taxi outside of her East Village apartment on a predawn morning in December, 2008.

The woman had tearfully told jurors at trial last year that she woke up on her bed hours later to find Moreno raping her, but also that she was blacked out during much of the evening.










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Growing middle class feeds spirits business in Latin America




















Diageo executive Randy Millian is proud of the fact that eight out of every 12 times someone pours a standard or premium whiskey in the Latin American and Caribbean region, they’re drinking one of his company’s brands.

That kind of dominance is why the spirits giant is bullish on its future in Latin America, which recently has been the fastest growing region for Diageo worldwide. In 2012, the Latin America and Caribbean region represented 12 percent of Diageo’s net worldwide sales and 11 percent of the company’s operating profit. Diageo hopes Brazil will become one of its top three markets by 2017, behind the U.S. and the United Kingdom.

But getting there hasn’t been easy. During periods of economic and political unrest in the region over the last decade, there were times when it would have been more profitable for Diageo to pull back, said Millian, president of Diageo Latin America and the Caribbean. Yet, the company focused on growing its scotch business across the region and it paid off. Over the last eight years, Diageo has increased sales more than two and a half times and almost tripled its operating profit.





“I believed it would get good,” said Millian, who supervises more than 3,000 employees across the region and 119 in Miami. “But I’m not sure I realized it would get this good.”

Millian has been running the region out of Diageo’s Miami office for more than a decade. But he’s also no stranger to this part of the world. He first lived in Argentina as a child and during his career has done stints in Venezuela, Brazil, Mexico and Costa Rica.

The Miami Herald sat down with Millian during a media day, which was part of a Diageo investor conference in Miami spotlighting the success in the Latin American and Caribbean region. Here is some of what Millian had to say:

Q. Has your growth over the last decade been comparable to Diageo’s growth around the world?

We would definitely be in the top positions in the league within Diageo. That’s one of the reasons they’re focusing on us. Like many corporations, the emerging markets have a huge potential for growth. I’m including Asia-Pacific, Africa and Latin America. We are seeing higher growth rates than we are seeing in the developed world, especially Europe. Although the U.S. is starting to come back, the growth rates in the emerging markets are significantly higher.

Q. What is driving the growth Diageo is experiencing in Latin America?

The improved demographics. You now have over 50 percent of the population who is middle class. You have had an increase in spending. Not only are there more people in the middle class, but you have more people in the (upper) class. We expect over the next year to have 60 million more people in the (upper) class. They’re also learning to spend money in different ways.

Q. In what countries do you see the most growth or most opportunities for future growth? Is Brazil the main focus?

There has been broad growth in Brazil, Colombia, Mexico, Chile and Peru. We have seen it all over, but those would be the ones we’re focusing on. It’s not just Brazil, it’s throughout the region.

Q. Why did you remain committed to this region over years when there was not a lot of growth and there was a lot of political and economic unrest in some countries?





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Allen West seeks hearing after opponent declares victory in congressional race




















The St. Lucie County canvassing board has missed a noon deadline to file election results to the Division of Elections, prompting campaign officials for Patrick Murphy to declare the political newcomer the winner in the race for congressional District 18 race.

Under Florida law, the final certified results were due from all of the state’s 67 supervisors of elections today. If the results do not arrive on time, the certified unofficial results submitted last Sunday stand. Those results have Murphy winning by 0.58 percent. A spread of less than 0.5 percent would have triggered an automatic recount.

“All Patrick Murphy wanted was to follow the law,” said attorney Gerald Richman, a member of Murphy’s legal team. “They absolutely missed it (deadline). Whatever it is, it is. We just want the law to be followed.”





Tim Edson, West's campaign manager, disagreed.

“As usual, Murphy’s people are full of garbage,” Edson said. “This is something the secretary of state and governor will have to sort out.”

Edson said other problems arose this morning. The recount showed 900 voters cast ballots in precinct 93, where there are 7 registered voters, Edson said.

“We have concerns here,” Edson said. “The results are raising more questions.”

Shortly after the deadline passed, attorneys for West headed to the St. Lucie County Courthouse to request an emergency hearing on the issue. It is not known if a hearing has been scheduled.

The canvassing board resumed ballot counting at 8 a.m. this morning in the tight congressional race between West, R-Palm Beach Gardens, and Murphy under the watchful eyes of dozens of attorneys and supporter of both candidates.

Canvassing board member Tod Lowery, who regularly updates the audience on the process, said the board still had write-in ballots and other questionable ballots from eight days of early voting to review before the noon deadline, by which the state’s 67 supervisors of elections must submit their final, certified tallies.

Last Sunday, the canvassing board agree to recount ballots cast the last three days of early voting after election officials revealed that machines had been unable to read some of the electronic memory cartridges. West’s attorneys then sought a recount of all early ballots after the elections office conceded to double-counting some ballots and ignoring others on election night.

“There was such a cloud of suspicion,” said Jeffrey Scott Shapiro, a Boca Raton attorney on the West legal team. Shapiro observed much of the ballot review in Palm Beach County.

“I felt the way the Palm Beach County supervisor of elections handled it created suspicion, and I still don’t know if it was unnecessary or justified,” Shapiro said.

That recount began at 9:40 a.m. Saturday and continued until 10 p.m. Unlike the four-day ballot review in Palm Beach County that ended Nov. 10 — where Palm Beach Supervisor of Elections Susan Bucher offered few updates and ignored or routinely declined to answer questions from reporters, attorneys and the public — the St. Lucie County Canvassing Board has allowed representatives has encouraged officials from both campaigns to agree on protocol. That includes how and when results will be released today.

“We just want to be transparent and assure voters that every vote is counted,” said County Judge Kathryn Nelson, a member of the canvassing board.

Murphy’s campaign officials declined to comment on the recount process. However, Edson said he is pleased with how smoothly the recount has gone and impressed with the canvassing board’s attention to detail.

“I’m confident with what we’ve seen here, the results will be accurate,” Edson said.

One lingering concern remains: the West team’s request to view the poll sign-in sheets from election day. Edson said they had received some of those records from Palm Beach County and have not received the sign-in sheets — which voters sign went the vote — in St. Lucie County. West’s campaign wants to compare the number of signatures on the poll sign-in sheets to the computer tabulations.





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Wii U: New console launches in a sea of gadgets
















NEW YORK (AP) — In the six years since the last major video game system launched, Apple unveiled the iPhone and the iPad, “Angry Birds” invaded smartphones and Facebook reached a billion users. In the process, scores of video game consoles were left to languish in living rooms alongside dusty VCRs and disc players.


On Sunday, Nintendo Co. is launching the Wii U, a game machine designed to appeal both to the original Wii’s casual audience and the hardcore gamers who skip work to be among the first to play the latest “Call of Duty” release. Just like the Wii U’s predecessor, the Wii, which has sold nearly 100 million units worldwide since 2006, the new console’s intended audience “truly is 5 to 95,” says Reggie Fils-Aime, the president of Nintendo of America, the Japanese company’s U.S. arm.













But the Wii U arrives in a new world. Video game console sales have been falling, largely because it’s been so long since a new system has launched. Most people who wanted an Xbox 360, PlayStation 3 or a Wii already have one. Another reason: People in the broad 5-to-95 age range have shifted their attention to games on Facebook, tablet computers and mobile phones.


U.S. video game sales last month, including hardware, software and accessories, totaled $ 755.5 million, according to the research firm NPD Group. In October 2007, the figure stood at $ 1.1 billion.


The Wii U is likely to do well during the holiday shopping season, analysts believe —so well that shoppers may see shortages. But the surge could peter out in 2013. The Wii U is not expected to be the juggernaut that the Wii was in its heyday, according to research firm IHS iSuppli. The Wii outsold its competitors, the Xbox 360 and the PlayStation 3, in its first four years on sale, logging some 79 million units by the end of 2010. By comparison, IHS expects the Wii U to sell 56.7 million in its first four years.


In the age of a million gadgets and lean wallets, the storied game company faces a new challenge: convincing people that they need a new video game system rather than, say, a new iPad.


The Wii U, which starts at $ 300, isn’t lacking in appeal. It allows for “asymmetrical game play,” meaning two people playing the same game can have entirely different experiences depending on whether they use a new tablet-like controller called the GamePad or the traditional Wii remote. The GamePad can also be used to play games without using a TV set, as you would on a regular tablet. And it serves as a fancy remote controller to navigate a TV-watching feature called TVii, which will be available in December.


Nintendo, known for iconic game characters such as Mario, Donkey Kong and Zelda, is expected to sell the consoles quickly in the weeks leading up to the holidays. After all, it’s been six long years and sons, daughters, brothers and sisters are demanding presents. GameStop Corp., the world’s No. 1 video game retailer, said last week that advance orders sold out and it has nearly 500,000 people on its Wii U waitlist.


Even so, it’s a “very, very crowded space in consumer electronics” this holiday season, notes Ben Bajarin, a principal analyst at Creative Strategies who covers gaming.


Apple‘s duo of iPads, the full-size model and a smaller version called the Mini, will be competing for shoppers’ attention. Not to be outdone, Amazon.com Inc. has launched a trove of Kindle tablets and e-readers in time for the holidays. These range from the Paperwhite, a touch-screen e-reader, to the Kindle Fire HD, which features a color screen and can work with a cellular data plan. Then there are the new laptops and cheaper, thinner “ultrabooks” featuring Microsoft’s new Windows 8 operating system —not to mention smartphones from Apple Inc., Samsung and other manufacturers.


Nintendo has to be a cut above the noise here,” Bajarin says.


The Wii U is the first major game console to launch in years, but in some ways Nintendo is merely catching up with the HD trend. Sony Corp. and Microsoft Corp. began selling their own powerful, high-definition consoles six and seven years ago, respectively. Both Sony and Microsoft are expected to unveil new game consoles in 2013.


Baird analyst Colin Sebastian thinks the question is not how well the Wii U will do during the holidays, but how it will fare three and six months later.


Gaming has changed significantly in the past six years, especially when it comes to the type of mass-audience experiences that serve as Nintendo‘s bread and butter. Zynga Inc., the online game company behind Facebook games such as “FarmVille” and “Texas HoldEm Poker,” was founded in 2007. The first “Angry Birds” game, that addictive, quirky distraction that has players flinging cartoon birds at structures hiding smug green pigs launched in late 2009. The first iPad, of course, came out in 2010 —three years after the first iPhone.


Fils-Aime acknowledges that Nintendo competes in the broad entertainment landscape, “minute-by-minute,” for consumers’ time.


“That’s true today and that was true 20 years ago,” he says, adding that Nintendo‘s challenge is communicating to people “what is so fun and appealing about the new system.”


Analysts expect Wii U sales to be brisk over the holidays. Nintendo‘s loyal —some would say, fanatical— fan base has been placing advance orders and will likely keep the systems flying off store shelves well into next year. The classic Mario and Zelda games are a huge part of the appeal, since they can’t be played on any gaming system but Nintendo‘s.


Research firm IHS iSuppli estimates that by the end of the year, people will have snapped up 3.5 million Wii U consoles worldwide, compared with 3.1 million Wii units in the same period through the end of 2006.


After the Wii went on sale, shortages persisted for months. Stores were met with long lines of shoppers trying to get their hands on a Wii as late as July 2007, more than seven months after the system’s launch.


Though supply constraints are expected this time around, Fils-Aime says Nintendo will have more hardware available in the Americas than it had for the Wii’s initial months on the market. The company says it will also replenish retailers more frequently than it did six years ago.


An initial sell-out doesn’t mean the Wii U will be successful over the long term, IHS notes, citing its estimate that the Wii U won’t match the Wii’s sales over time.


Bajarin believes it’s going to take “a little bit of time” for the Wii U’s dual-screen gaming concept to sink in with people. If it proves popular, Nintendo could see even more competition at its hands.


“Technologically, it’s not a leap of the imagination to see Apple, Google, Microsoft do something like this,” he says.


____


Follow Barbara Ortutay on Twitter at https://twitter.com/BarbaraOrtutay


Gadgets News Headlines – Yahoo! News



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Joe Manganiello Returns to HIMYM

Monday night's all-new episode of How I Met Your Mother sees the return of a familiar face.

Video: Joe Manganiello Strips Down & Snacks with ET

True Blood's Joe Manganiello is back as Brad, Marshall's old law-school buddy, but he's far from the picture of sexy we were introduced to in season two. Scruffy, overweight and covered in mustard stains, the once-attractive friend appears to have let himself go.

Watch the video above for a sneak peek!

How I Met Your Mother airs Monday nights at 8/7c on CBS.

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Twinkies likely to survice Hostess bankruptcy








DETROIT — Twinkie lovers, relax.

The tasty cream-filled golden spongecakes are likely to survive, even though their maker will be sold in bankruptcy court.

Hostess Brands Inc., baker of Wonder Bread as well as Twinkies, Ding Dongs and Ho Ho’s, will be in a New York bankruptcy courtroom Monday to start the process of selling itself.

The company, weighed down by debt, management turmoil, rising labor costs and the changing tastes of America, decided on Friday that it no longer could make it through a conventional Chapter 11 bankruptcy restructuring. Instead, it’s asking the court for permission to sell assets and go out of business.





Getty Images



Twinkies could survive Hostess sale.





But with high brand recognition and $2.5 billion in revenue per year, other companies are interested in bidding for at least pieces of Hostess. Twinkies alone have brought in $68 million in revenue so far this year, which would look good to another snack-maker.

“There’s a huge amount of goodwill with the commercial brand name,” said John Pottow, a University of Michigan Law School professor who specializes in bankruptcy. “It’s quite conceivable that they can sell the name and recipe for Twinkies to a company that wants to make them.”

Hostess has said it’s received inquiries about buying parts of the company. But spokesman Lance Ignon would not comment on analysts’ reports that Thomasville, Ga.-based Flowers Foods Inc. and private equity food investment firm Metropoulos & Co. are likely suitors. Metropoulos owns Pabst Brewing Co., while Flowers Foods makes Nature’s Own bread, Tastykake treats and other baked goods. Messages were left for spokesmen for both companies on Sunday.

“We think there’s a lot of value in the brands, and we’ll certainly be trying to maximize value, both of the brands and the physical assets,” Ignon said Sunday. He said it’s possible some of Hostess’ bakeries will never return to operation because the industry has too much bakery capacity.

Little will be decided at Monday afternoon’s hearing before Bankruptcy Judge Robert Drain, Pottow said. The judge eventually will appoint a company that specializes in liquidation to sell the assets, and the sale probably will take six months to a year to complete, Pottow said.

Irving, Texas-based Hostess filed for Chapter 11 bankruptcy protection in January for the second time in less than a decade. Its predecessor company, Interstate Bakeries, sought bankruptcy protection in 2004 and changed its name to Hostess after emerging in 2009.

The company said it was saddled with costs related to its unionized workforce. The company had been contributing $100 million a year in pension costs for workers; the new contract offer would’ve slashed that to $25 million a year, in addition to wage cuts and a 17 percent reduction in health benefits.

Management missteps were another problem. Hostess came under fire this spring after it was revealed that nearly a dozen executives received pay hikes of up to 80 percent last year even as the company was struggling.

Then last week thousands of members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union went on strike after rejecting the company’s latest contract offer. The bakers union represents about 30 percent of the company’s workforce.

By that time, the company had reached a contract agreement with its largest union, the International Brotherhood of Teamsters, which this week urged the bakery union to hold a secret ballot on whether to continue striking. Although many bakery workers decided to cross picket lines this week, Hostess said it wasn’t enough to keep operations at normal levels.

The company filed a motion to liquidate Friday. The shuttering means the loss of about 18,500 jobs. Hostess said employees at its 33 factories were sent home and operations suspended. Its roughly 500 bakery outlet stores will stay open for several days to sell remaining products.

News of the decision caused a run on Hostess snacks at many stores around the country, and the snacks started appearing on the Internet at inflated prices.










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Panama Canal’s $5 billion makeover could be boon for South Florida




















Huge yellow dump trucks resemble Tonka toys in a sand pile as they haul tons of rust-colored dirt and basalt rock from a 56-foot gash in the earth that will become a new access channel in the $5.25 billion expansion of the Panama Canal.

The trucks keep rumbling up muddy terraced slopes as a quick-moving storm blurs the horizon. The rain chases away workers pouring concrete for a mammoth set of locks that will lift super-size ships for their transit across the narrow Isthmus of Panama, but the crews are back in the pit as soon as the sun returns.

By April 2015, it will all be under water — ready for the ever-bigger vessels revolutionizing international trade. The expansion is expected to double the canal’s capacity.





The 2015 target is about six months behind schedule, but U.S. ports are still scrambling to ready their channels for so-called post-Panamax ships and some say they welcome the reprieve. At this point, Baltimore and Norfolk, Va. are the only ports along the Eastern Seaboard with channels deep enough to handle the vessels when they’re fully loaded.

Call it the race for deep water as ports up and down the East Coast, including PortMiami and Port Everglades, and along the Gulf of Mexico make plans to dredge their channels, shore up their docks or rustle up funding for renovations to receive the big ships. Many won’t be ready by the time water floods the new locks.

PortMiami in position to cash in

PortMiami is further along than most and is hoping that early advantage and its position as the first major U.S. port north of Panama will make it a preferred port of call for post-Panamax ships.

Latin American and Caribbean ports also are trying to figure out how to capitalize on the expansion.

As this new phase of canal construction nears completion with 13,000 people working around the clock, there is renewed interest in preserving the history of the old Panama Canal Zone as well as the legacy of those who worked and died building the canal.

While the 50-mile-long Panama Canal has provided a maritime shortcut between the Atlantic and Pacific for the past 98 years, it’s just about maxed out.

This year vessels from the four corners of the globe — car carriers from Japan, bulk carriers loaded with soybeans and wheat from the U.S. heartland, oil tankers, towering container ships carrying the output of Chinese factories to U.S. retailers — are expected to move a record 332 million tons of cargo through the waterway, said Jorge L. Quijano, chief executive of the Panama Canal Authority.

That’s only about 20 million tons short of the canal’s capacity, he said. The canal is also popular with cruise lines and dozens of cruise ships are being built that exceed the size limits of the current canal.

But the more immediate problem is that the huge cargo ships increasingly favored for trade with Asia are too wide, too long and too heavy for the current canal.

With a growing number of ships in the post-Panamax category — exceeding the specifications for the largest ship that can fit through the existing locks — the Panama Canal must expand or risk losing market share.

And post-Panamax vessels aren’t even the biggest on the high seas. Post-Panamax Plus ships, such as most U.S. tankers that carry liquefied natural gas bound for Asia, are five times too big for the Panama Canal.





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